工作论文 PAPERS
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The Macroeconomic Impact of Agricultural Input Subsidies
Governments intervene in agriculture worldwide, a sector particularly suscept...
Karol Mazur, Laszlo Tetenyi
Working Paper | No. 20250702 |
Keywords: Agriculture, food security, structural change, misallocation
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Non-affiliated Distribution and Fund Performance: Evidence from Bank Wealth M...
Using the Measures for the Administration of Bank Wealth Management Funds Sal...
Shusong Ba, Baixiao Liu, Linlin Ma, Yan Shen, and Xingyi Zhan*
Working Paper | No. 20250701 |
Keywords: bank wealth management, non-affiliated distribution, fund performance, agency problem, external governance
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Fight or Flee? The Role of Firms' Connected Social Media Outlets
We examine how firms leverage social media outlets to counteract the impact o...
Zhiqian Jiang, Baixiao Liu, Yuchen Xu, Bohui Zhang*
Working Paper | No. 20250503 |
Keywords: social media outlet, reputational capital management, media connection, stock price stabilization, managerial career concern
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Going Dark: Corporate Motivations for Covert Political Ties
Leveraging three unexpected leaks of donor lists from U.S. “dark money” org...
Omrane Guedhami, April Knill, Baixiao Liu, Cayman Seagraves*
Working Paper | No. 20250502 |
Keywords: dark money groups, corporate political activity disclosure, corporate political connections, political contributions
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The Dynamics of Agricultural Productivity Gaps: An Open-Economy Perspective
This paper draws on cross-country census data to study how agricultural produ...
Douglas Gollin, David Lagakos, Xiao Ma, Shraddha Mandi
Working Paper | No. 20250501 |
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Timely Negotiations
Deadlines often disrupt negotiations and lead to unwanted impasses, yet how t...
Olivier Bochet, Manshu Khanna, Simon Siegenthaler
Working Paper | No. 20250303 |
Keywords: Bargaining, Negotiations, Deadlines, Anchoring, Brinkmanship, Range Offers.
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How do Workers Learn? Theory and Evidence on the Roots of Lifecycle Human Cap...
How do the sources of worker learning change over the lifecycle, and how do t...
Xiao Ma, Alejandro Nakab, Daniela Vidart
Working Paper | No. 20250302 |
Keywords: On-the-job learning; Human capital accumulation; Lifecycle wage growth
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Who Pays for Training? Theory and Evidence on Firm-Level Differences in Train...
We investigate how on-the-job training varies with firm characteristics and h...
Xiao Ma, Alejandro Nakab, Daniela Vidart
Working Paper | No. 20250301 |
Keywords: On-the-job training; Human capital accumulation; Firm heterogeneity
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Let the Good Times Roll: Subjective Expectations and Asset Management
Using a unique regulation implemented in a developing financial market – the...
Francesco D
Working Paper | No. 20250104 |
Keywords: subjective expectations, belief formation, extrapolation, mutual funds, asset allocation
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Competition, Cannibalization, and New Product Introductions: Evidence from th...
When there is uncertainty about a new product’s net value, firms treat the t...
Yuanfang Chu, Sudipto Dasgupta, Fangyuan Ma
Working Paper | No. 20250103 |
Keywords: innovation, product launch, competition, creative destruction, real option